China dumped all those worthless fiat dollars they have been holding for decades that were proping up the economy back into the pot. This bailout was really a sell-out. It will cause more severe Hyper-inflation..just like in German.
This is not a normal business cyle, the USA has just been sold out to the Elite International Facist NWO..by your right wing conservative "Christian" dictator. "W"
Fiat currency is not backed by gold and silver. It is backed up by debt. The more money that is created means more debt is created. The central banks lower interest rates to a very low rate, and the smaller banks borrow it and loan it out to people at a higher rate than what they borrowed it. The only thing that is real in the transaction is the asset or liability you got the loan for.
I'm a Ron Paul supporter but I question the Gold/Silver standard. The problem with that system was it limited the money supply too much and doesn't allow for the growth we have had in the last 40 years. That's why they abandoned it. But perhaps we have enough infrastructure for now and a stable slow growth economy based on Gold and/or Silver would be beneficial, I'm just not completely convinced it will fix anything.
Excellent! I have been studying the economy in depth the last six months and been telling people the same thing. I totally agree with you. Although I am not completely sold on Mr. Paul yet I do think it is a shame how corporate controlled median do not give him the same coverage. I am pretty disgruntled with the entire system that has failed our country.
Spot fuel shortages after a period of sustained fuel price rises will be one of the defining breaking points. Plus the US armed forces need large amounts of fuel to continue to operate, i.e. the non nuclear ships of the US Navy can't put to sea on empty tanks.
to get more specifics on the decline of the US dollar (and most other currencies entangled with the US dollar) look up Peter Schiff.
he is my Yoda
ron paul is my Obi Wan Kenobi
If you don't believe me, that's fine! but at least do yourself the service of looking at a few graphs from Reuters or even Google Finance before you make your decisions.
I sold my properties and now proudly rent the cheapest apartment I can find to serve my needs, and buying gold and platinum.
I put a great link in the side bar of this Video to another video on video.google that fully reveals how we got into this USA Economy 2008 mess and the complete history of money...
The end of America is finally coming. Our government has pissed on the cosntitution and have been ran by central, private bankers. This is what happens when you serve the NWO.
That is do to the fact 80% of America believes all they hear from the media and are to lazy to research information leading them to the truth about what is really going on..
Ron Paul is ahead of his time,to many people asleep.The only true freedom is very small govt,solid money,and the states handle their own business.The federal govt stays the hell out.Feds should run on 1% tax.
sweeteedon, did you forget your medication or do you have alzheimers?
what do YOU know of buying a house? have you tried to sell it or have it appraised lately? you may be surprised.
I've seen this coming and sold out my assets 2 years ago.
now, go sit on the couch and eat nachos and drink beer like a "good" american who trusts everything his government is doing is "for the best for all americans"
It's your job to be critical. It's in the amendment, go read it you slob.
now now now you silly self-proclaimed sic "American" ..you are probably a caucasian BRIT as well calling yourself American . Dig into your ancestry!!!!
Respect your heritage and don't call yourself AMERICAN when all CAUCASIANS originated from ENGLAND ...PEOPLE MISSLEAD THEMSELVES
Companies are getting tax breaks now and home prices are astronomical (of course before this slump). There is a housing slump because people can't afford to buy or continue to pay their adjustable rate mortgage because of fewer. If we tax the companies and they pass their cost to the consumers than as consumers we shouldn't buy the product. If we don't buy demand is low, supply is high, and cost goes down.
There are so many needs that people will continue to buy out of necessity...
But as long as the USA dollar keeps falling on a global scale and housing price's keep dropping while people keep digging them selves deeper into dept the USA Economy 2008 will become one of the worst in many many years...
Seach "Mena Arkansas" to see how the Bush and Clinton families are linked. Inflation is not a problem. By destroying labor and pushing NAFTA through, they created deflation from cheap offshore labor. They may have done it all for a greater good, but look at the outcome for Americans. Bush-Clinton are making the whole world better, unless you are American and don't make 10 million dollars. They have only brought us decline.
(I wish Paul would get a media coach to stop shaking when he talks.)
Wow, John that was amazeing i agree with you 100%, if you were to purchase a house today for 125k in 9 months from now you could have bought the same house for 100k and perhaps 75k by the end of the year!
Ron's foreign policy is all about trade and not forced involvement... As far as Ron not going to make it as front runner I will agree but I will still vote for him even though I already know who the next Pres and VP is going to be I even made a video about it..
This comment has received too many negative votesshow
Mitt Romney's got a better grip on the economy. I really don't have a problem w/ most of ron's points of view on the economy but mitt's got 'em better (plus i don't like ron's foreign policy) Ron's really not gonna make it man... I'd suggest voting for mitt, even though you don't agree w/ him on everything he's really our only shot out of the recession.
Very eye opening, taking economics right now, but I'd never thought about the concept of taxing big business actually meaning the other classes pay for it all. It certainly makes sense. Go Ron Paul!!!
China dumped all those worthless fiat dollars they have been holding for decades that were proping up the economy back into the pot. This bailout was really a sell-out. It will cause more severe Hyper-inflation..just like in German.
This is not a normal business cyle, the USA has just been sold out to the Elite International Facist NWO..by your right wing conservative "Christian" dictator. "W"
Get ready for the last chapter of the Empire.
Get your wheel barrels ready.
ngonea 3 years ago
he101a is wrong.. don't listen too him.
arlendixon 3 years ago
PATRICK BUCANAN ITS THE ANSER
sollo1111 3 years ago
Fiat currency is not backed by gold and silver. It is backed up by debt. The more money that is created means more debt is created. The central banks lower interest rates to a very low rate, and the smaller banks borrow it and loan it out to people at a higher rate than what they borrowed it. The only thing that is real in the transaction is the asset or liability you got the loan for.
He101A 3 years ago
Economic SLUMP???
izodoz 3 years ago
SLUM*
josefcorrealima 3 years ago
SLUMP?
gronlaf 3 years ago
I'm a Ron Paul supporter but I question the Gold/Silver standard. The problem with that system was it limited the money supply too much and doesn't allow for the growth we have had in the last 40 years. That's why they abandoned it. But perhaps we have enough infrastructure for now and a stable slow growth economy based on Gold and/or Silver would be beneficial, I'm just not completely convinced it will fix anything.
imikewillrockyou 3 years ago
Excellent! I have been studying the economy in depth the last six months and been telling people the same thing. I totally agree with you. Although I am not completely sold on Mr. Paul yet I do think it is a shame how corporate controlled median do not give him the same coverage. I am pretty disgruntled with the entire system that has failed our country.
stupid7000 3 years ago
Thanks Johnreon for posting. I appreciate it.
Yayatv 3 years ago
good Info
naaani123 3 years ago
invest your money in pure gold, it wont lose value if economy crashes
alam77 3 years ago 2
Spot fuel shortages after a period of sustained fuel price rises will be one of the defining breaking points. Plus the US armed forces need large amounts of fuel to continue to operate, i.e. the non nuclear ships of the US Navy can't put to sea on empty tanks.
Puzzoozoo 3 years ago
great speech john
Dannyjjango 3 years ago
Thank you x 4
johnreon 3 years ago
to get more specifics on the decline of the US dollar (and most other currencies entangled with the US dollar) look up Peter Schiff.
he is my Yoda
ron paul is my Obi Wan Kenobi
If you don't believe me, that's fine! but at least do yourself the service of looking at a few graphs from Reuters or even Google Finance before you make your decisions.
I sold my properties and now proudly rent the cheapest apartment I can find to serve my needs, and buying gold and platinum.
YOU HAVE BEEN WARNED PEOPLE!
tillo2008 3 years ago
I put a great link in the side bar of this Video to another video on video.google that fully reveals how we got into this USA Economy 2008 mess and the complete history of money...
Please see Side Bar...
johnreon 3 years ago
9 or Ten months. Try 2, 3, 4 years from now!
Gold and silver based dollars NOW!
alanhowitzer 3 years ago
Yes... that will be the final out come..' other that a card or chip food credit system...
johnreon 3 years ago
The end of America is finally coming. Our government has pissed on the cosntitution and have been ran by central, private bankers. This is what happens when you serve the NWO.
JackNeedles 3 years ago
Your like a hammer and you just hit the NWo on the head... Good comment...
johnreon 3 years ago
Ahead of his time..I mean how our forefathers intended.....Kinda is a serious drag seeing what is happening to our country.
And the scarey part is 80% of America does not see it.This is amazing how blind we are.
xsleef 3 years ago
That is do to the fact 80% of America believes all they hear from the media and are to lazy to research information leading them to the truth about what is really going on..
johnreon 3 years ago
Ron Paul is ahead of his time,to many people asleep.The only true freedom is very small govt,solid money,and the states handle their own business.The federal govt stays the hell out.Feds should run on 1% tax.
xsleef 3 years ago
You are a BRIT not American
Get a haircut ...you know nothing.
You better hope Uncle Sam doesn't tax that wacky tobacky you are on.
What do you know about buying a house speaking from your apartment?
Smoke another spliff you British Subject.
sweeteedon 3 years ago
That you for revealing the fact you absorb dis-information...
I made this awhile back just for people like yourself...
watch?v=N83iJsMMqhY
johnreon 3 years ago
sweeteedon, did you forget your medication or do you have alzheimers?
what do YOU know of buying a house? have you tried to sell it or have it appraised lately? you may be surprised.
I've seen this coming and sold out my assets 2 years ago.
now, go sit on the couch and eat nachos and drink beer like a "good" american who trusts everything his government is doing is "for the best for all americans"
It's your job to be critical. It's in the amendment, go read it you slob.
tillo2008 3 years ago
now now now you silly self-proclaimed sic "American" ..you are probably a caucasian BRIT as well calling yourself American . Dig into your ancestry!!!!
Respect your heritage and don't call yourself AMERICAN when all CAUCASIANS originated from ENGLAND ...PEOPLE MISSLEAD THEMSELVES
sweeteedon 3 years ago
If it makes you feel better I am Cherokee and Irish mix and my ancestry of the Irish goes back 4 generations of coal miners...
johnreon 3 years ago
Companies are getting tax breaks now and home prices are astronomical (of course before this slump). There is a housing slump because people can't afford to buy or continue to pay their adjustable rate mortgage because of fewer. If we tax the companies and they pass their cost to the consumers than as consumers we shouldn't buy the product. If we don't buy demand is low, supply is high, and cost goes down.
SJMarie 3 years ago
There are so many needs that people will continue to buy out of necessity...
But as long as the USA dollar keeps falling on a global scale and housing price's keep dropping while people keep digging them selves deeper into dept the USA Economy 2008 will become one of the worst in many many years...
johnreon 3 years ago
I'm probobly gonna end up joining the airforce or the navy
Levesque999 3 years ago
Good points. Good points.
funeralbliss 3 years ago
Thank you for posting... Facts tend to point toward the facts...
johnreon 3 years ago
i dont understand anything you are talking about my computer sucks. sorry dude
LorixPunk 3 years ago
Good video. I wish more people would read and understand that Ron Paul really is the only candidate talking about things that matter.
iamthewebguy 4 years ago 2
Seach "Mena Arkansas" to see how the Bush and Clinton families are linked. Inflation is not a problem. By destroying labor and pushing NAFTA through, they created deflation from cheap offshore labor. They may have done it all for a greater good, but look at the outcome for Americans. Bush-Clinton are making the whole world better, unless you are American and don't make 10 million dollars. They have only brought us decline.
(I wish Paul would get a media coach to stop shaking when he talks.)
thesquonkstear 4 years ago
Well the whole truth as to how and why the USA Economy is where it is today can be found on this video...
watch?v=JKyTiNSu6_4
johnreon 4 years ago
Wow, John that was amazeing i agree with you 100%, if you were to purchase a house today for 125k in 9 months from now you could have bought the same house for 100k and perhaps 75k by the end of the year!
untillnightfall 4 years ago
Ron's foreign policy is all about trade and not forced involvement... As far as Ron not going to make it as front runner I will agree but I will still vote for him even though I already know who the next Pres and VP is going to be I even made a video about it..
johnreon 4 years ago
This comment has received too many negative votes show
Mitt Romney's got a better grip on the economy. I really don't have a problem w/ most of ron's points of view on the economy but mitt's got 'em better (plus i don't like ron's foreign policy) Ron's really not gonna make it man... I'd suggest voting for mitt, even though you don't agree w/ him on everything he's really our only shot out of the recession.
baseballfeather9 4 years ago
Very eye opening, taking economics right now, but I'd never thought about the concept of taxing big business actually meaning the other classes pay for it all. It certainly makes sense. Go Ron Paul!!!
tvance85 4 years ago
This comment has received too many negative votes show
all about huckabee
thats all its about
TrevorHensley 4 years ago
You speak the truth.
I'll be voting on Tues. for Ron Paul.
gillybymarriage 4 years ago 4
You've always got a well informed point of view.
patiencepoet 4 years ago 4